Banas Finance Limited has announced the outcome of its Board Meeting held on November 5, 2026. The board approved the unaudited standalone and consolidated financial results for the Second Quarter and Half Year ended September 30, 2026. The standalone net profit for the quarter stood at ₹222.67 crore. The financial statements were reviewed by the independent auditor, A K Kocchar & Associates.
Banas Finance Board Approves Financial Results
Banas Finance Limited announced that its Board of Directors, in a meeting held on Thursday, November 5, 2026, transacted and approved key financial matters. The meeting, which commenced at 04:00 PM and concluded at 06:00 PM IST, saw the approval of the unaudited standalone and consolidated financial results for the Second Quarter and Half Year ended September 30, 2026.
Key Financial Highlights
Standalone Results
For the quarter ended September 30, 2026, Banas Finance reported a net profit of ₹222.67 lakh from continuing operations. The total comprehensive income for the period was also ₹222.67 lakh. The standalone statement of assets and liabilities as of September 30, 2026, shows total assets of ₹17,007.40 lakh and total equity of ₹16,925.16 lakh.
Consolidated Results
The consolidated financial results for the same period also indicated a net profit of ₹222.67 lakh from continuing operations. The total comprehensive income for the period stood at ₹270.818 lakh. The consolidated statement of assets and liabilities as of September 30, 2026, reports total assets of ₹17,260.44 lakh and total equity of ₹17,178.19 lakh.
Auditor’s Review
The accompanying unaudited financial results were subject to a limited review by the independent auditor, A K Kocchar & Associates. Their report, dated November 5, 2026, states that based on their review, nothing has come to their attention that causes them to believe the statements are materially misstated and that they have been prepared in accordance with applicable accounting standards and SEBI regulations.
Key Financial Figures (Standalone)
- Profit Before Tax (Quarter Ended 30.09.2026): ₹253.124 Lakhs
- Net Profit Loss for the period from continuing operations (Quarter Ended 30.09.2026): ₹222.673 Lakhs
- Total Comprehensive Income (Quarter Ended 30.09.2026): ₹253.124 Lakhs
Key Financial Figures (Consolidated)
- Profit Before Tax (Quarter Ended 30.09.2026): ₹253.124 Lakhs
- Net Profit Loss for the period from continuing operations (Quarter Ended 30.09.2026): ₹222.673 Lakhs
- Total Comprehensive Income (Quarter Ended 30.09.2026): ₹270.818 Lakhs
Source: BSE
